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Nvidia revenues up 80% from ‘amazing’ demand for AI chips

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Nvidia has reported a significant surge in revenue, jumping nearly 80% year-over-year, driven by strong demand for its AI-focused microchips. The company’s earnings for the fourth quarter of its fiscal year 2025 exceeded Wall Street estimates, with total revenue reaching $39.3 billion. This marked a 12% increase from the previous quarter and far surpassed analyst projections of $37.72 billion. CEO Jensen Huang attributed the growth to the rapid advancement of AI technologies, particularly in high-performance computing and machine learning applications.

The data center segment played a crucial role in Nvidia’s revenue increase, accounting for over 90% of total earnings. Revenue from this division rose 93% year-over-year to $35.6 billion, reflecting the growing importance of AI in various industries. Nvidia’s latest Blackwell chip, designed for AI and machine learning, has seen high demand, further solidifying the company’s dominance in the AI hardware market. Huang emphasized that AI is developing at an unprecedented pace, setting the stage for transformative changes across multiple sectors.

Nvidia’s stock price responded positively to the earnings report, closing up 3.67% at $131.28 on February 26. However, after-hours trading saw a slight decline of 1.49% to $129.32. The company’s stock remains below its all-time high of over $147, which was reached in November. Market volatility in the AI sector has been evident, especially after Nvidia experienced a historic single-day value drop in January, shedding nearly $600 billion in market capitalization following concerns over competition from Chinese AI firms.

Amidst Nvidia’s AI-driven success, other tech giants are ramping up their AI investments. Microsoft has expanded its AI operations, while Bitcoin mining companies have begun leveraging their infrastructure for AI computing. Analysts suggest that reduced AI spending could help stabilize inflation, potentially influencing U.S. Federal Reserve policies. As AI adoption accelerates, Nvidia remains at the forefront of the sector, positioning itself as a key player in the ongoing technological revolution.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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